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Deloitte, the world's four largest accounting firm, moves from Ethereum to VeChain


Yuya 【CRYPTO TIMES Official Writer】

Yuya Coin Desk News

I have studied a wide range of technologies and applications of distributed ledger technology.

Deloitte Tohmatsu , one of the “four largest accounting firms in the world,” has revealed that service and customer data has been migrated from Etherium to VeChain .

During data migration, Deloitte says, “We have deployed a number of smart contracts that exceed the number of bitcoin weekend transactions,” and it is said that the processing speed has reached 20 smart contracts per second .

Besides Deloitte, VeChain has partnerships with H & M Group , NTT DoCoMo , and BYD, a major Chinese automaker.

Until now, Vechain has had many applications for tracking products and supply chains, so it is quite unusual to form a partnership with a financial or accounting service company like Deloitte this time.

Other than “the four largest accounting firms in the world” are PwC, Ernest & Young, and KPMG, all of whom are embarking on incorporating blockchain technology. Among the four companies, Deloitte and PwC have funded this activity in particular.

Article Source: Invest in Blockchain

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Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/deloitte-to-migrate-to-vechain/

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